=Five Below (FIVE) reported earnings Thur 2 June 2016 (a/h)

Five Below beats by $0.02, beats on revs; guides Q2 in-line; reaffirms FY17 guidance :

• Reports Q1 (Apr) earnings of $0.12 per share, $0.02 better than the Capital IQ Consensus of $0.10; revenues rose 25.4% year/year to $192.7 mln vs the $187.97 mln Capital IQ Consensus.
  • Comps +4.9% vs. +4% guidance.
• Co issues in-line guidance for Q2, sees EPS of $0.16-0.17 vs. $0.17 Capital IQ Consensus Estimate; sees Q2 revs of $216-219 mln vs. $218.78 mln Capital IQ Consensus; comps +3%.
• Co reaffirms guidance for FY17, sees EPS of $1.27-1.31 vs. $1.30 Capital IQ Consensus Estimate; sees FY17 revs of $995-1.005 bln vs. $1.01 bln Capital IQ Consensus; comps +3%. 
• "This marks our 40th consecutive quarter of positive comparable store sales growth and we delivered a 50% increase in earnings per share driven by our ability to leverage our fixed costs on our strong comp and new store performance."